And in the news today: the hedge fund SAC Capital agreed to pay $1.8 billion in fines. You read well: $1.8 billion, or more than a repeat offender like MSFT… Who said stellar antitrust fines have something special…

And there’s more: they also agreed to close their investment advisory business!

With this background, I’d just love to hear more on the welfare losses inflicted by insider trading v. those attributable to cartels.

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I think you may be missing the point as Samsung was seeking injunctions for *essential patents* subject to FRAND commitment, while these patents are not essential and not subject to FRAND, so an injunction cannot have an exclusionary effect and the parallel between the two situations is misleading? Or maybe I am wrong on the facts?
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